NOT LISTED FOR SALE

Monrovia, CA 91016

Estimated Value: $1,212,000 - $1,435,000

3 Beds
2 Baths
2,376 Sq Ft
$551/Sq Ft Est. Value

Last Sold July 06, 2018

Last sale price $880,000 $370 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $8,171/month

5 Days on Market

Highlights

  • Mountain View
  • Granite Countertops
  • No HOA
  • Monrovia High School Rated A
  • Private Yard
  • 3-minute walk to Library Park

About This Home

As of July 2018

Fabulous location, walk to Old Town. Very spacious Duplex, please note square footage and lot size. 2 Bedrooms with den, large living room, fireplace, dining area, covered patio and big yard, 2 car detached garage with attached studio. Roomy one bedroom with private yard and 2 parking spaces. Both units have laundry hookups. This is a great property for someone who wants to live in one and rent out the other.

Last Agent to Sell the Property

Gary Lorenzini

Coldwell Banker Realty License #00552465 Listed on: 06/11/2018

Coldwell Banker Realty

Last Buyer's Agent

Gina Huang

Coldwell Banker Dynasty T.C. License #01043220

Coldwell Banker Dynasty T.C.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,155

Year Built

  • Built in 1950

Lot Details

  • 9,346 Sq Ft Lot
  • Lot Dimensions are 61 x152
  • 1 Common Wall
  • South Facing Home
  • Chain Link Fence
  • Landscaped
  • Rectangular Lot
  • Level Lot
  • Front and Back Yard Sprinklers
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Duplex
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,376 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Window Screens
  • Sliding Doors
  • Den with Fireplace
  • Mountain Views

Kitchen

  • Free-Standing Range
  • Range Hood
  • Dishwasher
  • Granite Countertops
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Stacked Washer and Dryer

Outdoor Features

  • Exterior Lighting
  • Separate Outdoor Workshop

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Floor Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 19
  • Assessor Parcel Number 8516002018

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gardener Expense $1,380
  • Insurance Expense $1,007
  • Maintenance Expense $2,050
  • Pest Control $200
  • Trash Expense $720
  • Water Sewer Expense $1,200
  • New Taxes Expense $10,000
  • Operating Expense $15,427
  • Gross Income $37,800
  • Net Operating Income $22,323

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,155

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • CapRate: 28.00
  • Improvements Amount: 80185
  • Improvements Percent: 24.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 1200.00
  • Zoning: MORH*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1380.00
  • Parcel Number: 8516002018
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Formica Counters, Granite Counters
  • Stories: 1
  • Entry Location: Ground level
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Fireplace Features: Den
  • Levels: One
  • Price Per Square Foot: 370.37
  • Room Type: All Bedrooms Down, Den, Kitchen, Main Floor Bedroom
  • Window Features: Double Pane Windows, Screens

Exterior Features

  • Direction Faces: South
  • Foundation: Raised
  • Other Structures: Workshop
  • Exterior Features: Lighting
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Range Hood
  • Heating Type: Floor Furnace, Forced Air
  • Laundry Features: Gas Dryer Hookup, In Kitchen, Inside, Stackable
  • Pest Control Expense: 200.00
  • Sewer: Public Sewer
  • Trash Expense: 720.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Value: 254573
  • Land Value Percent: 76.00
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard, Landscaped, Lawn, Level with Street, Lot 6500-9999, Rectangular Lot, Level, Sprinklers In Front, Sprinklers In Rear, Yard
  • Lot Size: 61 x152
  • Lot Size Sq Ft: 9346.00
  • Lot Size Acres: 0.2146

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 37800.00
  • Gross Multiplier: 21.00
  • Gross Operating Income: 37800.00
  • Gross Scheduled Income: 37800.00
  • Insurance Expense: 1007.00
  • Lot Size Area: 9346.0000 Square Feet
  • Maintenance Expense: 2050.00
  • Net Operating Income: 22323.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number Wall A C: 2
  • Number With Carpet: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Patio: 1
  • Number With Range: 2
  • Operating Expense: 15477.00
  • Rent Control: No
  • Total Actual Rent: 3150.00
  • Total Expenses: 15427.00

Tax Info

  • New Taxes Expense: 10000.00
  • Tax Census Tract: 4310.01
  • Tax Lot: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2018
Closed on
Jun 18, 2018
Sold by
Lorenzini Gary L
Bought by
Bonmidas Llc 401K Plan And Trust
Seller's Agent
Gary Lorenzini
Coldwell Banker Realty
Buyer's Agent
Gina Huang
Coldwell Banker Dynasty T.C.
List Price
$800,000
Sold Price
$880,000
Premium/Discount to List
$80,000
10%
Current Estimated Value
$1,308,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$428,607
Avg. Annual Appreciation
5.25%

Purchase Details

Closed on
Apr 19, 2002
Sold by
Westover Dwight Glen and Westover Dorothy L
Bought by
Westover Dorothy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,439
Interest Rate
6.89%

Purchase Details

Closed on
Mar 13, 2002
Sold by
Westover Dorothy L
Bought by
Lorenzini Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,439
Interest Rate
6.89%
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bonmidas Llc 401K Plan And Trust $880,000 Equity Title Company
Lorenzini Gary -- Equity Title Company
Lorenzini Gary $263,000 Commerce Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lorenzini Gary $175,001
Previous Owner Lorenzini Gary $201,894
Previous Owner Lorenzini Gary $121,500
Previous Owner Lorenzini Gary $100,000
Previous Owner Lorenzini Gary $236,439
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2018 07/06/18 Sold $880,000 +10.0% $370 / Sq Ft
06/16/2018 06/16/18 Pending -- -- --
06/11/2018 06/11/18 For Sale $800,000 -- $337 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,155 $981,652 $392,661 $588,991
2024 $13,155 $962,405 $384,962 $577,443
2023 $12,854 $943,535 $377,414 $566,121
2022 $12,481 $925,035 $370,014 $555,021
2021 $12,235 $906,898 $362,759 $544,139
2020 $11,859 $897,600 $359,040 $538,560
2019 $11,649 $880,000 $352,000 $528,000
2018 $4,890 $341,452 $259,664 $81,788
2016 $4,689 $328,195 $249,582 $78,613
2015 $4,590 $323,267 $245,834 $77,433
2014 $4,469 $316,936 $241,019 $75,917
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2018

    Gary Lorenzini

    Coldwell Banker Realty

    (626) 445-5500

    4 in this area

    51 Total Sales

    Gary Lorenzini
    Section Image
  • Gina Huang

    Buyer's Agent in 2018

    Gina Huang

    Coldwell Banker Dynasty T.C.

    (626) 566-2221

    5 in this area

    9 Total Sales

    Gina Huang
    Section Image
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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR18138972

California Regional Multiple Listing Service (CRMLS)

APN: 8516-002-018

California Los Angeles County Monrovia

91016

This home since 11 June 2018 and is currently estimated at $1,308,607, approximately $550 per square foot. This property was built in 1950. This home is a home located in Los Angeles County with nearby schools including Monroe Elementary School, Santa Fe Computer Science Magnet, and Monrovia High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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